Unilever Stock News

Unilever PLC (NYSE:UL) shares saw unusually-high trading volume on Friday . Approximately 49,125 shares changed hands during trading, a decline of 97% from the previous sessions volume of 1,929,469 shares.The stock last traded at $51.95 and had previously closed at $51.32. A number of analysts have recently weighed in on UL shares. Zacks Investment Research []

The Consumer Goods Index, which tracks the daily and weekly performance of quoted FMCG companies, depreciated week-on-week by 1.46%, from 569.18 points on Monday, to 560.85 points, at the end of Fridays trading session. The decrease recorded in the consumer goods index was driven mainly by Nestle Nig Plc, Nigerian Breweries Plc and Unilever Nig. []

Markets have reacted neutrally to the announcement that consumer goods giant Unilever is to The post Unilever share price unmoved by 4.5 billion sales of PG Tips and Lipton tea brands first appeared on Trading and Investment News .

Unilever Plc is preparing for a dip in revenue after the company agreed to sell off part assets of its tea business, ekaterra, to CVC Capital Partners. CVC Capital Partners has agreed to cough out 4.5 billion with the deal excluding debt liability. The agreement deviated from Unilevers initial plan to make the tea business [] The post Unilevers investors lose N6.31bn as capital market reacts negatively to sale of firms tea business appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria .

AVEZ VOUS UN CUPPA as PG Tips sold to European investors alongside 33 other tea brands owned by Unilever for £4.5 billion. It seems that Britain is no longer a nation of tea drinkers as more and more people, especially the young, turn to coffee as their breakfast drink of choice. Alert to this, Unilever [] The post Avez vous un cuppa as PG Tips sold to European investors appeared first on Euro Weekly News Spain .

Unilever PLC (LSE:ULVR)'s decision to offload its tea business may have had many Brits spitting out the contents of their morning cuppa but not US broker Jefferies. “It's been a long time coming, bu

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Unilever Plc, the owners of Lipton and PG Tips, has agreed to sell its global tea business, ekaterra, to CVC Capital Partners for 4.5 billion on a cash-free, debt-free basis. This is according to a press release from Unilever titled, Unilever to sell its Tea business, ekaterra, to CVC Capital Partners Fund VIII for 4.5 []

Unilever (LON:ULVR) received a GBX 3,400 ($44.42) price target from investment analysts at Royal Bank of Canada in a research note issued on Friday, Borsen Zeitung reports. Royal Bank of Canadas target price would suggest a potential downside of 11.06% from the companys current price. Other equities analysts have also recently issued research reports about []

It took an oolong time almost two years but Unilever finally offloaded its unwanted portfolio of teas on Thursday. The consumer goods giant

Unilever: A "Sleep-Well" Stock

TEA lovers are all in a stew after PG Tips was sold off to European bankers in a £3.8billion deal. UK multinational Unilever agreed to sell its Ekaterra tea business with 34 brands including Lipton, Brooke Bond and Red Label to private equity firm CVC. This year has seen an unprecedented private equity []

CVC Capital Partners paid £3.8bn for the arm, whose brands include Lipton and PG Tips. The private equity firm fought off rivals Advent and Carlyle.